Dahiru

Injective has been leading the news recently. The $INJC which is the first ETF in the states that provides staked exposure to $INJ is now trading on Nasdaq, allowing traditional investors to gain exposure using regular brokerage accounts. Everything is the same as buying stocks no wallets, no bridging, no unnecessary steps. The fund is holding spot $INJ (by BitGo) and is going to stake 90% of the assets on average. Also, the staking revenues will be applied to the NAV, thus giving the holders both price exposure and return at once. This is a layer-one solution designed for finance: 3.13 billion transactions, $1 billion in tokenized assets, millions of $INJ burned on chain through buybacks and Injective affiliate becoming an SEC registered transfer agent during the tokenization breakthroughs. The ninja wave is getting stronger 🌊

Fantastic news for the Injective ecosystem. $INJC has just launched on Nasdaq promising to be the United States first spot ETF staked on $INJ. This means that traditional investors will be able to invest seamlessly through their brokerage accounts, just like with stocks. The fund controls the spot $INJ holdings, which are kept by BitGo, and has the intention to stake as much as 90% of the holdings while automatically using its net rewards for restaking. Thus $INJ joins the ranks of other popular crypto assets with their own U.S. ETFs, such as $BTC $ETH and $SOL . The name attached to this ETF corresponds to Layer 1 developed for finance with 3 billion transactions processed $1 billion in tokenized assets and millions of $INJ bought back from its on-chain revenue.